20/08/2018

After completion of statutory period of 270 days, the Adjudicating Authority having no option ordered for liquidation of the Corporate Debtor- Sanjeev Shriya Vs. LML Ltd. & Ors.- NCLAT

The Shareholder of Corporate Debtor or the members of the Board of Directors never raised any objection about the proceeding before the Adjudicating Authority by filing application under Section 60(5) of the I&B Code nor such ground was taken before the Adjudicating Authority. After completion of statutory period of 270 days, the Adjudicating Authority having no option ordered for liquidation of the Corporate Debtor.

After completion of statutory period of 270 days, the Adjudicating Authority having no option ordered for liquidation of the Corporate Debtor- Sanjeev Shriya Vs. LML Ltd. & Ors.- NCLAT Read Post »

Filing a Criminal case against Managing Director of the Corporate Debtor does not constitute a pre-existing dispute – Thothappa Nainar Mohamed Sirajdheen Vs. INTEX Technologies (India) Ltd. – NCLAT New Delhi

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Filing a Criminal case against Managing Director of the Corporate Debtor does not constitute a pre-existing dispute – Thothappa Nainar Mohamed Sirajdheen Vs. INTEX Technologies (India) Ltd. – NCLAT New Delhi Read Post »

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